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Cashing In On Clean

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January 16, 2023

BY Luke Geiver

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PBF Energy’s renewable diesel unit continues operations in Q4

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By Erin Voegele

35 minutes ago

OperationsBusiness

PBF Energy Inc. released fourth quarter financial results on Feb. 15, reporting that the company’s St. Bernard Renewables (SBR) facility produced approximately 12,000 barrels per day of renewable diesel during the three-month period.

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More than 1.89 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in January, up from 1.76 billion generated during the same month of 2023, according to a data released by the U.S. EPA on Feb. 15.

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Iowa biodiesel production steady in 2023

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By Iowa Renewable Fuels Association

February 06, 2024

In 2023, Iowa biodiesel production kept steady at 350 million gallons, nearly the same as the 349 million gallons produced in 2022. Soybean oil increased to 77 percent of the feedstock for Iowa biodiesel production during the year.

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Total U.S. biofuel operatable production capacity was up slightly in November, with gains for ethanol, according to data released by the U.S. Energy Information Administration on Jan. 31. Total feedstock consumption was down slightly from October.

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Phillips 66 on Jan. 31 confirmed that the renewables conversion of its Rodeo, California, refinery is nearing completion. The facility will shut down crude oil operations in February and is expected to begin producing renewable fuels during Q1 2024.

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